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Saturday 2 August 2014

Modison Metals- Ready for acquistion

This is the well renown co. in making silver contractor for power industry, and had a good brand name. Now co. is looking for expansion and also trying to find opportunity for acquisition. Co. is paying constantly 100% dividend and survived in the slow down. Now co. is broadening its horizon and tapping for growth.

This stock touched 56 high and taking support at 42, this is good level to enter 42-44 for medium to long term investment and once 56 is crossed 64 -65 is level is possible.

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